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News: 8IH 8I Holdings announces proposed spin-out and listing of education and property assets

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    21/01/16
    08:42
    Post #: 16838210

    Jan 21 (Reuters) - 8I Holdings Ltd (8IH) :

    • Education and property assets/businesses to be spun-out and proposed to be separately listed
    • 8I Holdings Limited to retain significant holdings in divested education business segment
    • Funds raised through velocity group's proposed listing is intended to be used to finance its expanding property development business in Australia
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